Desjardins raises price target for The Toronto-Dominion Bank (NYSE:TD) from C$97 to C$107, upgrading stock from Hold to Buy. Desjardins praises TD’s management team and communication improvement over the last six months. TD’s promising future attributed to excellent Canadian P&C banking business and substantial deposit base. Proactive actions leading up to investor day, such as selling Schwab position and repurchasing shares, justify optimistic outlook. TD Bank Group provides wealth management, insurance, personal and business banking, and wholesale banking services. Certain AI stocks offer greater upside potential and less downside risk compared to TD investment. Insider Monkey article suggests looking into undervalued AI stock for potential benefits from Trump-era tariffs and onshoring trend.

Read more at Yahoo Finance: Desjardins Upgrades TD Bank (TD), Cites Strong Canadian P&C Business and Deposit Base